At Uber, Food Delivery Surpasses Rides
The company still projects an overall "profit" next year.
Weekday mornings
The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy
Recent Editions
Restaurant Delivery Service Waitr Swings to a Profit
The company operates as an alternative to DoorDash and Grubhub in the Southeast
Report: Microsoft May Acquire All of TikTok
Instead of just acquiring TikTok's U.S., Canada, Australia, and New Zealand operations, Microsoft is said to be mulling a buyout of the entire business.
ViacomCBS Hits 16.2 Million Paid Streaming Subscribers
The company is planning to launch its new streaming service in the U.S. and abroad next year.
TikTok Says It Will Invest $500 million on a Data Center in Ireland
It would be the company's first data center in Europe, joining the likes of Amazon, Facebook and Alphabet Inc’s Google who already have centers there.
AWS Exec Departs for Top Sales Job at Stripe
Mike Clayville, an enterprise sales veteran who joined AWS in 2013, heads for the exits.
Facebook, Twitter and YouTube Remove Trump Post Saying Kids ‘Almost Immune’ to Covid-19
Trump's post was removed for including “false claims that a group of people is immune from COVID-19,” according to a Facebook.
Trump Administration Seeks Blockade on Chinese Apps
The U.S. wants to block Chinese companies from U.S. app stores. It also wants to put restrictions on where data belonging to U.S. citizens can be stored.
BigCommerce Shares Triple in IPO Debut
The Shopify competitor is riding a wave of enthusiasm for e-commerce companies.
Rackspace Shares Drop in First Day of Trading
It's the second IPO debut for the cloud computing firm, which was Apollo Global bought in a leveraged buyout four years ago.
Roku Reports Advertising Growth Amidst Pandemic
The company reported a 46% jump in its platform segment revenue, a sign that advertisers are still spending on streaming devices despite the pandemic.
Blackstone to Buy Ancestry.com in $4.7 Billion Deal
The genetic testing company had been expected to attempt another IPO.
Teledoc to Buy Livongo in $18.5 Billion Telehealth Deal
The deal follows a spike in demand for virtual health services.
FTC Chair Says Agency Lacks Authority to Enforce Trump Order on Social Media
FTC Chair Simons' statement indicates that the FTC will not get involved in Trump's attack on Section 230.
DoorDash Launches Convenience Item Delivery Service
The move will put it in direct competition with SoftBank-backed delivery service GoPuff.
The New York Times Hits Records in Digital
The quarter marked the first time digital revenue exceeded print revenue.
Facebook Brings its TikTok Rival to the U.S.
The Instagram feature called Reels encourages users to upload videos set to music.
Australian Prime Minister Says TikTok Isn’t a Security Threat
The prime minister's statement is a bit of good news for the beleaguered Chinese-owned app, which faces a ban in the U.S.
Tencent Seeking a Merger of China’s Two Biggest Game Streaming Sites
Combining game streaming platforms Huya and DouYu could create a $10 billion company and 300 million users.
TikTok CEO Reassures Employees After Threat of Trump Ban
TikTok executives told employees that the app will come out stronger through an acquisition, but cautioned that the details of such an outcome are uncertain.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy